Kraft Heinz Offers $143B to Acquire Unilever
The deal would be the third-biggest takeover in history but Unilever said Kraft's offer “profoundly undervalues the company."
Airline Stocks Rise on Unit Revenue Guidance
Both American and United Airlines boost their expectations for fourth-quarter unit revenue, sending their shares up more than 3%.
Berkshire Hathaway Reports Mixed Earnings
While operating profit got a boost from manufacturing and other businesses, net income fell on lower investment gains.
Partying Like It’s 1999
Warren Buffet holds more cash and has less debt at the top of the cycle so he can invest at the bottom. You should too.
Apple’s Shares Rise on News of Buffett Stake
The renowned value investor's rare bet on a tech company suggests he saw a buying opportunity in the stock's sharp decline since last summer.
Berkshire Hathaway Misses Profit Estimates
The conglomerate's first-quarter results reflect a 25% drop in profit at the Burlington Northern Santa Fe railroad, its largest unit.
Hot Topic: Climate Change and Insurance
More and more companies are persuaded that climate change is real. So why aren’t insurers factoring it into property insurance premiums?
Railways: Doing the Locomotion
The second golden age of American railroads is drawing to a close. Consolidation may follow.
Room Rentals vs. Hotels: Buffett’s Revenge
Services like Airbnb are altering the economics of the hotel business.
Buffett: Wall Street No Help in Beating Activists
“The best way to keep activists away is to perform reasonably well in your business."
Buffett Discloses $4.4B Stake in Phillips 66
The legendary investor appears to be betting that the refiner will continue benefiting from lower oil prices.